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To: Zeddicus
"...effectively enslaving them directly to the ruling political class of our federal government, who now owns the income streams from most all interest-bearing debt instruments.

Let imagine if slave owners of all times, lords over serfs who are doomed to pay rent forever, their children to be born into slavery/debt/serfdom...lets say the benefactors came back to life in our modern era. What would Neo-Slavery look like?

8 posted on 09/19/2010 6:13:52 AM PDT by Leisler ("Over time they create a legal system that plunders and a moral code that glorifies it." F. Bastiat)
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To: Leisler
What would Neo-Slavery look like?

A wise a rhetorical question meant to prompt one to observe the obvious: Neo-slavery is exactly what we have today in the form of government induced debt-driven consumption.

What we have today thanks to debt bondage is materially indistinguishable from indentured servitude, except it's even worse because we are now indenturing ourselves to our political rulers rather than private individuals. I'd rather be bonded to a private individual than the political elite who make and enforce the rules.

10 posted on 09/19/2010 6:28:29 AM PDT by Zeddicus
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To: Leisler

>>Let imagine if slave owners of all times, lords over serfs who are doomed to pay rent forever, their children to be born into slavery/debt/serfdom...lets say the benefactors came back to life in our modern era. What would Neo-Slavery look like?

Student loans.

Those debts are non-dischargeable in a bankruptcy. The FedGov just took over the entire program and cut out private bankers. They are creating a class of FedGov-owned indentured servants.


15 posted on 09/19/2010 6:59:16 AM PDT by FreedomPoster (No Representation without Taxation!)
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To: Leisler

While serving with the U.S. Army in Germany, I lived off-post in a picturesque farm village. At the top of the steep hill above the village was a ruined castle. Only the massive stones of the foundation remained.

I asked a local what happened.

“Well, a few hundred years ago, the nobles of that castle taxed and oppressed the peasants until one day the peasants stormed the castle. They killed all the nobles and took the stones to build barns. The nobles never rebuilt the castle.”

I foresee a time of pitchforks and torches.


20 posted on 09/19/2010 10:08:57 AM PDT by darth
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